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With reparations loan for Ukraine, the EU defies both Putin and Trump [View all]
Source: Euro News
The European Union is drawing a line.
After being sidelined by the White House in direct negotiations with Russia over the fate of Ukraine, Europeans are looking to muscle their way back to the negotiating table.
One card they are yet to play is the €210 billion in assets of the Russian Central Bank that have been immobilised under EU sanctions since February 2022.
Under a scheme without precedent in modern history, the EU intends to channel the Russian assets into a zero-interest reparations loan to support Ukraine's financial and military needs for 2026, 2027 and possibly beyond.
Read more: https://l.euronews.com/wK3H
By Jorge Liboreiro
Published on 05/12/2025 - 7:00 GMT+1
The European Union is defying external pressure from Washington and Moscow to get a seat at the table by leveraging the immobilised Russian assets held in its jurisdiction. The move is bold, but carries many questions.
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